In: Accounting
What is a package policy? Explain the advantages of a commercial package policy to a business firm as compared to the purchase of separate policies.
The business income (and extra expense) coverage form has a number of policy provisions. Explain the following provisions: Business income loss, Coverage of extra expenses
Define robbery, burglary, safe burglary, and theft.
Identify the major exclusions in the commercial crime coverage form (loss-sustained form).